Job Information
W. R. Grace Accounts Payable Specialist in Muntinlupa City, Philippines
Accounts Payable Specialist
Apply now »
Date:May 7, 2024
Location: Muntinlupa City, National Capital Region (NCR), PH, 1781
Company: W. R. Grace & Co.
Job Description
This position is responsible in performing high-level analysis of the different processes within the Accounts Payable team and come up with recommendations and/or projects that would promote efficient AP operations. Disbursement Specialist also is responsible in processing payments of posted invoices in SAP and ensuring that payments have been transmitted accurately and timely for Asia Pacific, Europe/Middle East/Africa (EMEA), and parts of Latin America
Including also verification for accuracy of transactions and compliance with company policy, data entry in financial system and vendor inquiries, and ensure SOX compliance.
Key Responsibilities (1 of 2)
Subject-Matter-Expert (SME) of all interdependency processes of whole ISC such as investigation from Invoice Dropping, Verification, Posting, Master Data Management and PCM.
Perfoms all types of Payments( Automatic Payment Runs and Manual Payments) in all Region(Asia, Europe and Americas)
Performs vendor reconciliation and other OIM related activities.
Performs regular reports for stakeholders(Cash Management, Treasury and top management and other Tower) such as Payables Discrepancy, Daily and Weekly Forecast, Monthly A/P Financial Statistics Report, Quarterly GOC Transaction Activities and Early Payment report generation
Analyze Reports such as Missed Discount Analysis and Early Payment review and report generation
Analyze and investigate further in all issues in payments such as payment rejections and returned payments.
Performs all related processes in payments such as Clearings (Direct Debit, etc.), Interco Netting, Duplicate Checking, Outstanding Checks Review/ Investigation, Unclaimed Property Review and AP Open Reports,
Performs Yearly Activities such as Yearly 1042/1042S Preparation, Analysis & Reporting and Yearly 1099 Reporting, Printing & Sending of Tax Forms
Key Responsibilities (2 of 2)
Act as ancillary service and intelligence in providing feedback, resolution, and intelligence source for any process improvement breakthroughs.
Coordinates and communicates with the local sites and banks for any Payments related issues, and inquiries
Handles and perform deep-dive analysis of escalated and unresolved task/issues related to Invoice Payments and provide issue resolution.
Act as a Tier 3 of support in handling resolving S2P Helpdesk tickets related to invoice payments
Lead and coordinates process improvements initiatives and projects with AP Manager and ISC
Secure metrics and reporting system generates operational reports, analyzes and provides input to improve process efficiency.
Contribute to ensure that the team’s key performance metrics and targets are met.
Perform User Acceptance testing for any process change, system upgrade and new company code set up
Provide refresher/cross-training in S2P Helpdesk that will be useful in ticket resolutioning.
Perform review and maintaining all Disbursement Process documentations
Job Qualifications
Bachelor’s Degree in Accountancy or equivalent
At least five years work experience in Accounts Payable and Disbursement/Payments
Knowledgeable in SAP – purchasing, materials management and reconciliation
Knowledgeable in Readsoft application and ARIBA Network
Proficient in MS applications, including but not limited to Excel, Word and PowerPoint
Work experience in a multi-national and/or shared service companies (preferred)
Facilitative leadership skills and project management skills
Detail oriented and demonstrates ability to consistently meet targets and SLA
Results oriented; proactive and can work with minimal supervision
Strong interpersonal skills-ability to communicate to all levels in the organization and across functions
Inclination to a continuous improvement culture for the process
Proven ability to work independently with little direction, along with being able to work effectively in as part of a Source to Pay support team
Strong/Highly analytical and problem solving skills
Benefits
Guaranteed 14th month Pay
Above-market Retirement Plan Design
LinkedIn Learning Access
Established Performance Incentive Program
HMO coverage for employees on day 1 (with pandemic coverage)
Free HMO coverage for up to 3 qualified dependents
Educational Assistance
Dignified Workplace Commitment: Grace is sexual orientation, disability, religion, or any other aspect of their identity. committed to providing a dignified and inclusive work environment for all employees and welcomes and encourages diversity. This means that all employees are entitled to be treated in a respectful , professional, and inclusive manner, regardless of gender, race, ethnicity,
Apply now »
Find similar jobs: